When it comes to venturing into startup businesses, finances and sales should not be the only focus areas budding entrepreneurs concern themselves with. According to former entrepreneur and Google employee Dick Costolo, leadership roles must be dealt with early on in the startup process to avoid impairments that could affect the culture of the company.
The Twitter CEO shares helpful tips on leadership as he may soon lead his company through an IPO.
1. Don't attempt to manage while trying to make friends.
Being a leader means caring about people who work for you, but it doesn't necessarily mean that you should care about what they think about you. As a leader, you need to be tough when making decisions and never apologize for telling your employees what needs to be done for the company.
2. There are different paths to success.
You don't need to imitate what successful CEOs have done in the past for your own progress. What worked for them before may not work for you now. Stop overanalyzing their moves and understand that there are different ways to be a successful leader.
3. Transparency goes a long way.
Don't try to fool your people by telling them what they want to hear. As a leader, it is your job to communicate with your employees and disclose accurate information in good time. By doing so, you are building your employees' trust and loyalty to their leader and the company.